QPOWER launches state of-the-art Global Coil Factory in Sangli
Quality Power Electrical Equipments announced the launch of its state of-the-art Global Coil Factory in Kupwad MIDC, Sangli. This milestone is consistent with the strategic priorities communicated during the company's Board meeting and quarterly earnings update. The event marks a significant step forward in Quality Power's strategic expansion to meet the growing global demand for high-voltage reactors and coil-based components for HVDC, STATCOM, and FACTS systems.
The new facility is envisioned to be one of the world's largest production plants for air-core and oil filled reactors, equipped with 44 advanced winding lines and a world-class high-voltage testing laboratory. As part of the company's commitment to sustainability, the factory is being constructed in line with the Indian Green Building Council (IGBC) Platinum certification, positioning it among the most environmentally responsible manufacturing hubs globally.
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Business Standard
5 days ago
- Business Standard
QPOWER launches state of-the-art Global Coil Factory in Sangli
Quality Power Electrical Equipments announced the launch of its state of-the-art Global Coil Factory in Kupwad MIDC, Sangli. This milestone is consistent with the strategic priorities communicated during the company's Board meeting and quarterly earnings update. The event marks a significant step forward in Quality Power's strategic expansion to meet the growing global demand for high-voltage reactors and coil-based components for HVDC, STATCOM, and FACTS systems. The new facility is envisioned to be one of the world's largest production plants for air-core and oil filled reactors, equipped with 44 advanced winding lines and a world-class high-voltage testing laboratory. As part of the company's commitment to sustainability, the factory is being constructed in line with the Indian Green Building Council (IGBC) Platinum certification, positioning it among the most environmentally responsible manufacturing hubs globally.
Time of India
5 days ago
- Time of India
Transmission highways: Powering India's energy transition
India's electricity transmission network is the unsung hero of its green energy transition. Partnering solar parks and wind farms, it is the growing network of transmission lines built to evacuate this green electricity that ensures power flows seamlessly from generation centres to our homes, offices, schools and manufacturing hubs. As India accelerates towards its ambitious target to achieve 500 GW of renewable energy capacity by 2030 and a net-zero carbon footprint target by 2070, the strength, reach, and resilience of its power transmission backbone will determine how effectively the generated power reaches industries, cities, and rural communities alike for a sustainable and resilient energy future. India's transmission network India operates one of the world's largest synchronised power grids. As of March 2024, the country had over 817,000 circuit km of high-voltage transmission lines (220 kV and above), and AC substation capacity exceeding 1,200 GVA. The total inter-regional power transfer capacity has surged to over 116,000 MW from 75,000 MW in 2016-17 which reflects consistent investment and expansion. There has been a 46 per cent increase in per capita electricity consumption from 957 kWh in 2014 to 1,395 kWh in 2024 with a corresponding 84 per cent increase in total power generation capacity from 249 GW to 452.69 GW. With power demand forecasted to reach 4,000 kWh by 2033 there is an urgent requirement to modernize legacy systems and integrate renewable energy sources. The Government of India has finalised the National Electricity Plan (2023 – 2032) for Central and State transmission systems to meet a peak demand of 458 GW by 2032 which. The plan provides for a 32 per cent expansion of transmission network in the country from 4.91 lakh circuit km to 6.48 lakh circuit km. 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A 2023 report from the Central Electricity Authority highlighted that transmission lags have already delayed over 13 GW of renewable energy from reaching the grid. Innovations powering a resilient grid Integrating advanced technologies such as Voltage Source Converter-based HVDC systems, FACTS devices, synchronous condensers, and large-scale energy storage solutions e.g. battery energy storage systems (BESS) and pumped hydro is essential to ensure grid stability. Deployment of smart grid solutions including real-time monitoring systems, AI-based predictive maintenance, and IoT-enabled sensors for intelligent grid diagnostics enhance the overall efficiency of our infrastructure. Additionally, usage of dynamic line rating (DLR) to optimise the transmission capacity based on live weather data, ensuring greater operational flexibility. 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The grid must evolve Public funding alone cannot meet this scale of expansion in transmission infrastructure. States shall have to monetize existing transmission assets by transferring them to private players under fixed-term models, unlocking capital for new projects. In 2025, such asset monetisation deals released ₹25,000 crore for grid modernization. Regulators must also ensure stable, predictable returns for transmission investors. Unlike generation, transmission is capital-intensive with a long gestation period. A 2025 policy update by the Ministry of Power introduced tariff reforms to enhance investor confidence, targeting ₹2 lakh crore in private investment by 2030. Smart infrastructure powering energy transition India has a unique opportunity. Unlike many advanced economies burdened by ageing grids, India can build smart infrastructure from the ground up. In 2025, digital monitoring, AI-based grid controls, and automated substations are being integrated into new transmission projects. Yet, the window to act is narrow. Rising demand, global supply chain constraints, and climate targets demand urgency. Every gigawatt delayed risks delaying India's climate goals. Transmission must be treated as a core infrastructure to power India's growth, reduce fossil fuel dependence, and emerge as a clean energy leader. Transmission grids powering India's energy future India's transmission network is more than just a network of conductors and cables, it is the backbone supporting our energy aspirations. As we continue our transition towards a sustainable and resilient energy future, the grid will play a pivotal role in ensuring that power reaches every corner, from urban centres to remote villages. As highways enabled trade and telecom lines powered digital India, power transmission networks will define India's energy future. Leading this transformation means building more invisible highways that carry India's clean energy ambitions forward. Every megawatt generated is only useful if it travels to where it is needed. (The author is Arun Sharma, CEO of Resonia Limited. Views are personal.)
Time of India
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- Time of India
20-year-old BPO employee arrested for allowing online fraudster to use his bank account
Mumbai: The south cyber police on Monday arrested a 20-year-old BPO employee for allegedly allowing a fraudster to use his bank account to receive money from other cyber fraudsters. The fraudsters had cheated a Mumbai court employee in a fake online share trading fraud of Rs 53 lakh. She had lodged an FIR on June 3. The accused was caught in the western suburbs. "During the probe, we found that Rs 4.92 lakh was received in the arrested accused's account," said the police. The 50-year-old complainant told the police that she first received a WhatsApp message from a person named Ishita Kapoor, who claimed that she was an assistant manager in a financial services company and convinced her to invest. The complainant shared her Aadhar and bank details with her. Kapoor added the complainant to a 'WhatsApp group, which had 100 members and four admins. The complainant was asked to download an app, BFSLMax. "In eight transactions, the gullible complainant sent Rs 53 lakh to six different bank accounts provided by the accused. When she tried to withdraw money, she failed. She communicated with Kapoor, who demanded that the complainant should subscribe to a fresh IPO. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Het meest ontspannende boerderijspel van 2025. Geen installatie Taonga: la fattoria sull'isola Play Now Undo The complainant told her that she wanted her money back, to which Kapoor messaged her claiming she was a foreign national and that they were experts in duping Indians," said a police source. This is when the complainant approached the police. "The complainant took a Rs 30 lakh loan from an app-based financial company and invested it in buying the shares. She also took loans from friends and relatives and invested," said the source. While probing the money trail, police arrested the BPO employee. He told police that his friend, a wanted accused in the case, came to him saying his mother was ill and that his relatives were sending money to him. The wanted accused also told him that his debit card was not working. He allegedly asked the BPO employee to give his bank account details. Once he took the details, he used them to receive the complainant's money and asked the arrested accused to withdraw it and give it to him. A team led by senior inspector Nandkumar Gopale, inspector Kiran Jadhav, and sub-inspector Shweta Dhok is probing the case.
